A census of governments is taken at 5-year intervals as required by law under title 13, United States Codes, Section 161. This 2002 census, similar to those taken since 1957, covers three major subject fields: government organization; public employment; and government finances. This document contains six parts that cover the entire range of state and local government financial activity in fiscal year 2001-02: (1) Finances of Public School Systems; (2) Finances of Special District Governments; (3) Finances of County Governments; (4) Finances of Municipal and Township Governments; (5) Compendium of Government Finances; and (6) Employee-Retirement Systems of State and Local Governments. This report provides statistics on the financial transactions and characteristics of state and local government retirement systems. The tables present data on the revenues, benefit payments, cash and security holdings, and membership of these employee retirement systems. Appended are Definitions of Selected Terms. (Contains 11 tables.)